Post by
TheInsultant on Apr 06, 2023 5:51pm
EOD Trades
I was watching that 500k offer sitting there for some time before Fidelity took it out! Then they sold most of it to CIBC!
Something has to be right around the corner in terms of a NR about the financing of a facility or some sort of offtake agreements or both.
Comment by
Aurora64blue2 on Apr 11, 2023 12:23pm
The timing feels about right for some good news to come about plant financing &/or, off-take agreements,. Especially, if they want to keep their Q4 timeline in check. Let's keep out our fingers crossed.
Comment by
wallpaper2 on Apr 12, 2023 9:26am
Q4 has been pushed back to sometime in 2024. They require much more drilling and more than one reservoir. At $9 million per hole (companies figure) they need a huge raise or sugar daddy and betting the farm on 1 good hole is marginal at best.
Comment by
TheInsultant on Apr 11, 2023 2:41pm
Looks now like they brought it down to get that large cross done a an agreed upon price!